Nishifunabashi Apartment average value

The average price of a sq.m Apartment of Chiba JR Musashino Line Nishifunabashi, in 2018 was 346,290 JPY/sq.m. The market value represents a decrease of 14,281 JPY (-4.0%) compared to 1 year ago and a transition to a some market. 18 properties exchanged hands ( The market value represents an increase of 6 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.0 years old (a +1.4% increase compared to the 26.7 years old of last year.). The average size of the real estate was 60.6 sq.m (a +9.3% increase compared to the 55.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 58.3% of total transactions in 2017 and 43.8% of total transactions in 2018)

Data regarding the market value and its changes of Apartment in Nishifunabashi were calculated using data on the sales of 430 properties provided by the MLIT Japan.

Apartment value Age transition

Market values (unit price: sq.m, m2) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.) (* When you double-click, the value of Age is updated.)

Apartment market value trends

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 58.3% of total transactions in 2017 and 43.8% of total transactions in 2018)

The table below shows Apartment dealt in Chiba JR Musashino Line Nishifunabashi, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.